Wall Street is tracking for a sharply lower open, and oil prices are spiking on supply disruption concerns.

Nvidia plans to invest $2 billion in optical component manufacturers Lumentum and Coherent, signaling its commitment to strengthening its supply chain for AI infrastructure.

Optical technologies are increasingly critical in data centers as they support energy-efficient, ultrahigh-bandwidth connections.

Lumentum's stock saw gains after Citi placed the company on an upside 30-day catalyst watch, indicating potential positive movement for its shares.

Nvidia has announced a $2 billion investment in each Lumentum and Coherent, totaling $4 billion, to advance research and development in AI optics.

Nvidia is investing $2 billion each in Lumentum and Coherent, two photonic solutions manufacturers, to enhance its data center chips with fiber optic and laser technology, addressing the growing demand for faster data processing.

Nvidia has announced plans to invest $2 billion in both Lumentum and Coherent, indicating strategic moves in the tech sector.

Nvidia announced an investment of $4 billion in photonic product manufacturers Lumentum and Coherent.

Lumentum is gaining attention as GF (GlobalFoundries) has raised its target for the company, citing rising growth prospects.

Nvidia has announced plans to invest $2 billion in both Lumentum and Coherent, two companies specializing in optical and photonics technologies, signaling a strategic move to bolster its supply chain or expand its capabilities in related fields.

Nvidia reportedly views Lumentum as a key player, indicating potential strategic alignment or importance in the technology sector.

Nvidia is set to invest $2 billion in both Lumentum and Coherent, indicating strategic moves in the technology sector.

Nvidia to Invest $2 Billion in Both Lumentum and Coherent  WSJ

Morgan Stanley holds a positive view on Lumentum (LITE), citing the company's growth potential within the optical markets.